BURSA Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s decision to maintain interest rates and the People’s Bank of China’s unexpected decision to keep its key lending rates unchanged, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped by 13.50 points, or 0.89% to 1,504.16 from Wednesday’s close of 1,517.66.
The benchmark index opened 4.74 points higher at 1,522.40 and moved between 1,504.14 and 1,524.23 throughout the day.
On the broader market, gainers edged losers 479 to 453, while 459 counters were unchanged, 1,046 untraded, and 17 suspended. – March 20, 2025